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Taiwan Shares Surge 1.30 Percent -- Feb. 16

Posted on: Friday, 17 February 2006, 09:00 CST

Taiwan shares surge 1.30 percent -- Feb. 16

HONG KONG, Feb. 16 (Xinhua) -- Taiwan share prices rose 1.30 percent with a slightly thinner traded volume on Thursday, according to reports reaching here from Taipei.

The weighted index, key barometer of the Taiwan Stock Exchange, went up 85.44 points to close at 6,683.93.

The bourse opened at 6,661.30 and fluctuated between 6,701.74 and 6,647.03 during trading.

A total of 3.41 billion shares were transacted on a market turnover of 104.22 billion HK dollars (3.22 billion US dollars), down from Wednesday's turnover of turnover of 104.65 billion new Taiwan dollars (3.23 billion U.S. dollars).

All eight major stock categories gained ground, with machinery and electronics shares moving up the most at 2 percent, followed by paper and pulp issues at 0.9 percent, cement stocks and foodstuff issues both at 0.8 percent, textile stocks at 0.5 percent, banking and financial shares at 0.4 percent, construction issues at 0.2 percent, and plastics and chemicals shares at 0.02 percent.

Gainers outnumbered losers 686 to 286, with 207 stocks remaining unchanged.


Source: Xinhua News Agency - CEIS

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